slapphead_otool

Agreed. I doubt it was in a good area, and there is probably high unemployment.

But could it be that bad an area? And you can commute?

Did a quick google and found:

http://www.findaproperty.com/for-sale/property-9797429

http://www.findaproperty.com/for-sale/property-10228658



Less than the price of a good car.

bcworld

She clearly didn't have a clue then. A lot of people think their properties are worth more than they are but to be out by a factor of 5 or 6 vs what an agent thinks shows either she was deluded or pulling your leg.

bingobob777

Info. is all in here

http://www1.landregistry.gov.uk/uplo...11_ws13pm4.pdf

Cardiff, London, Poole, Portsmouth and Windsor have risen, all by significantly less than the fudged inflation figure provided by the Govt.

Amazulu

I would add Kent, Sussex and Surrey to that list.

bingobob777

Kent -3.4%
Surrey -0.6%
East Sussex -3.4%
West Sussex -2.0%

according to Land Registry

Amazulu

Fair enough and hardly catastrophic

bcworld

These are annual changes from Sep 2010-11 right?

I wonder what they are from the peak...when was that mid 2007 ish?

Amazulu

Looking at prices in the Woldingham, Surrey/Kent border area where I used to live, prices are roughly the same as they were in 2007 - which means that they have probably gone down, but not by much.

Grayling

But the money I got from the sale of my house in England has now increased by around 40%.

For some people that is as good or better than house prices dropping a few percent

Amazulu

Don't know and don't care. I was trying to point out that house prices in many parts of the UK have hardly moved and not crashed 20-30%.

If I was to sell my house today, I would probably have GBP650k/EUR800 clear. I paid GBP210k for it in 2005.

bingobob777

Highly doubtful unless you've spent major cash on it. All 3 major indices show house prices at the end of 2011 very similar to 2005, in fact depending when you bought in 2005 it could be down quite a bit

http://www.housepricecrash.co.uk/ind...x-national.php
http://www.housepricecrash.co.uk/ind...e-national.php

Amazulu

I'm going to regret posting that as I rarely get involved in house price threads as they are pointless. My figures are based on what houses are selling for in my street here in Kalamunda, and what I paid for it in '05 when we migrated.

DadAgain

Doesnt seem unreasonable.

I bought my house for $200k (£80k at the time)
Could now sell it for $600k (£400k now)

Thats a 500% increase in the sterling value of my Australian house in under a decade. Its all moot though - I'd still struggle to find a house in part of the UK I wanted to live in and could find a decent liveable job in for less than £400k so I guess I'm not going anywhere...

Amazulu

I was recently looking at houses in rural Kent and Sussex on Rightmove. Anything decent is at least GBP500k, and more like GBP600-700k.

bingobob777

I thought you meant a house in the UK, so it'll be me who's wrong